Great action for a boring day !! Why do I say this? today is a consolidation day but I am seeing some patterns that are signaling higher yes higher. I am out of this action because of the volume but patterns never lie.
Oil also looks like a bull flag but the question is whether it needs to develop the structure more before it moves high.
Gold geez what can I say - years ago I remember telling people gold would goto $600 when it was 250, which I owned that from $250 :) but such is life.
Tuesday, November 17, 2009
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